Cronos Labs, a blockchain network development lab launched from the Cronos ecosystem, has opened applications for the third cohort of its $100 million accelerator program.
According to an announcement coinciding with the start of Korea Blockchain Week, the program is focused on projects that utilize AI for speed and market efficiency. The 12-week initiative aims to support startups working at the intersection of artificial intelligence (AI) and cryptocurrency.
Rebranded from its former identity as the Cronos Web3 startup accelerator (also formerly known as Particle B) and ecosystem development fund, Cronos Labs operates within a wider ecosystem that includes Cronos, an open-source blockchain protocol. This protocol is the first EVM-compatible blockchain constructed on the Cosmos SDK. The ecosystem also encompasses a cryptocurrency, Cronos ($CRO), which serves as the native token for both the Cronos and Crypto.org chains.
Cronos Labs’ initiative is uniquely positioned within a vibreant
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